Roundtable 2006 green

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Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com James Green, Chief Marketing Officer Travidia Inc.

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Transcript of Roundtable 2006 green

Page 1: Roundtable 2006 green

Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com

James Green, Chief Marketing Officer – Travidia Inc.

Page 2: Roundtable 2006 green

Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com

Where are we going today?

• What honestly can we cover before happy

hour?

• Data-driven marketing for advertisers or

ourselves?

• Advertisers want to work with newspapers..

• The Three Things

– Need to create new channels to address new

markets and protect existing ones

– Data is great, data is wonderful but without

distribution, it ain’t happening

– Use Google/SEO/SEM to your advantage

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Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com

A Print Conversion Company?

• Tom has lost his mind

• James needed a vacation

• Darrell couldn’t make it and a spot was open

• Al needed someone to buy his drinks

• If newspaper companies can add value from this,

then we truly are in a good position

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Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com

• Measurements are required

– Circulation

– Reach

– Frequency

– Pageviews

– Uniques

• Behavioral Marketing via Tacoda, Revenue Science and 24/7 Real Media caught on, but is it working in newspapers?

• Search Marketing is expanding rapidly and changing economics of advertising

• Retailers can go directly to consumers and bypass media

• But advertising is becoming very, very complex

The new metric is “when/where” not just “who”

You can be the bridge between print and online

Advertising has changed - Duh

Response

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Multi-Channel Product Portfolio – The Dream

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“New Media” Growth Plan

• First step was to build news audience

• As time progressed, we developed and harnessed technology

• We now need to utilize technology to deliver personalized messages and content across multiple channels

• Generate revenue from brokering messages

To do so we have to maximize and optimize the revenue channels in addition to harnessing and understanding the data

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Retail Value Chain

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Retail Value Chain

• Information-based inventory, promotion, pricing

and distribution influences profitability

• Channel affects pricing model (variable, fixed,

auction)

• Channel optimization maximizes profitability

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The Media Challenge – This is what you do, no?

• Multiple channels means building and picking the right ones

• Need deep understanding of audience

• Needs to be product specific

• Key is building a database and technology

Requirements are strong technology partner and an experienced/knowledgeable marketing staff

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Dynamic Merchandise Model

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Dynamic Merchandise Pricing

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The Audience Challenge – And Our Opportunity

• Consumers are looking for alternate media,

newspapers cannot compete in certain channels

• Newspapers need to adapt & move toward, new

channels

• Media proliferation means segmented

opportunities

• He who owns the most toys wins

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A real life example… Or two

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The Newspaper’s Enhanced Local Media Franchise

• Own and manage customers, data and channels - locally

• The Three Things – Need to create new channels to address new markets

and protect existing ones – Start small, use existing content and repurpose into new brands

– Data is great, data is wonderful but without distribution, it ain’t happening – using new distribution points will allow you to flexibly address advertising budgets

– Use Google/SEO/SEM to your advantage – Driving traffic to your site becomes easy if you promote prudently and quickly

Increased franchise value

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Confidential Travidia © 2006 Reprinted by written permission only. www.travidia.com

Thanks!

James A. Green

[email protected]

530.343.6400